COSCO acquires stakes of 12.5% in TLT and 30% in HLT
NewsCOSCO SHIPPING Ports has acquired 12.5% and 30% stakes in Thai Laemchabang Terminal and Hutchison Laemchabang Terminal for US$ 110m.
Cosco and China Merchants eye Taiwan terminal stakes
Taiwan’s Yang Ming Marine has received separate offers from Cosco and China Merchants Group to acquire a stake in Kaohsiung’s new automated Container Terminal 6.
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